Question: In a sequential CMO, at any point of time, the principal on all of the tranches (including the residual) in a CMO adds up to

In a sequential CMO, at any point of time, the principal

In a sequential CMO, at any point of time, the principal on all of the tranches (including the residual) in a CMO adds up to the total principal owed on the mortgages of the underlying mortgage pool. True False

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